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Retirement Income Planning 101
Manage episode 376370106 series 3378480
Liz Whitteberry에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Liz Whitteberry 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
Are you financially prepared for retirement? Many individuals near retirement age find themselves facing uncertainty when it comes to their income plan. In this episode, we explore the importance of a well-constructed retirement income plan and why it's often overlooked.
Listen in as Liz shares insights on the complexities of retirement income planning and the dramatic shift from saving and accumulating wealth during one's working years to creating a sustainable income stream in retirement. Discover how having a well-structured retirement plan can alleviate the stress of retirement uncertainty, help you make informed decisions, and ensure you retire on your best path.
Here are the key takeaways from today’s episode:
- Having a well-structured income plan in retirement is crucial. Without one, retirees may struggle to manage their finances effectively and enjoy their retirement years.
- Liz emphasizes the significance of understanding your cash flow during retirement. It's crucial to track your income, expenses, and any big-ticket items to create a solid financial plan.
- Discover the unique financial challenges and lifestyle changes during the "Go Go," "Slow Go," and "No Go" phases of retirement, and how your income needs may vary.
- A financial advisor can help you make the most of your retirement assets, minimize taxes, and ensure your long-term financial security.
If you are interested in learning more about how we could help you plan for retirement, contact us here: https://www.bestpathadvisors.com/contact
Check out Liz's YouTube Channel: Best Path Advisors - YouTube
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